Burcon NutraScience (TSE:BU) Hits New 52-Week Low – Should You Sell?

Shares of Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$1.50 and last traded at C$1.60, with a volume of 23453 shares. The stock had previously closed at C$1.70.

Burcon NutraScience Stock Performance

The company has a 50-day simple moving average of C$1.90 and a two-hundred day simple moving average of C$2.02. The company has a debt-to-equity ratio of -319.77, a quick ratio of 1.71 and a current ratio of 0.21. The firm has a market capitalization of C$20.44 million, a P/E ratio of -1.39 and a beta of 2.84.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last released its earnings results on Wednesday, August 12th. The company reported C($0.30) EPS for the quarter. The firm had revenue of C$1.28 million during the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. As a group, equities analysts forecast that Burcon NutraScience Co. will post 0.000341 EPS for the current year.

Burcon NutraScience Company Profile

Burcon is a global technology leader in plant-based proteins for food and beverage applications. The Company has developed a portfolio of high-performance protein ingredients, including Peazzaz® pea proteins, FavaPro TM fava proteins and Puratein® canola proteins, and is focused on commercializing its technologies through manufacturing partnerships and growing customer adoption worldwide.